#6888299, Dawn Matesi, Listing office: Locality Real Estate
#6899308·
Listing office: HomeSmart·
Listing agent: Kellie Parten, Vicki Best·
Listing office phone: 602-230-7600, 602-203-7600
$750,000 List price
120 E Rio Salado Pkwy Unit 402 Tempe, AZ 85281
2 beds
2 baths
1,495 sqft
0.03 acres
$502 / sqft
Condo
Property details
About 120 E Rio Salado Pkwy Unit 402
Live your dream life here! You will fall in love with this gorgeous 2 bedroom, 2 bath high rise condo overlooking Tempe Town Lake. The elevated 4th floor location provides spectacular views of the lake, mountains, pool & twinkling city lights. The home is light & bright with floor-to-ceiling windows & two balconies. The Edgewater provides the ultimate in resort-style living plus the best location in Tempe! Jump on the trails to jog/bike along the lake or use the dock to get on the lake to kayak/paddle board. Walkable to all of the fun that vibrant Mill Avenue has to offer. On the edge of the ASU campus, near Tempe Marketplace & minutes to the airport. Across the bridge from the Phoenix Zoo, Desert Botanical Garden & Papago Park. A short 15 minute drive to Old Town Scottsdale & a ... 20 minute drive to downtown Phoenix. Enjoy the carefree lifestyle with concierge service & everything included in the HOA except cable/internet! Yes, all water, sewer, trash, gas, blanket insurance policy, building & grounds maintenance, amenities, doorman & concierge service, etc are INCLUDED! Just a small monthly portion for electricity is paid to HOA. outside of the fee. The incredible resort-style amenities include a heated lap pool, spa, gym, billiards room with fireplace & kitchen, conference room with fireplace & sitting area, outdoor fire pit, BBQ island with sink & pizza oven, outdoor spaces with grass, community garden & more! Manned door/lobby entry with concierge service. Gated underground parking garage with two reserved spaces including EV charger, plus a private large storage locker/cage. The condo is beautiful with gorgeous finishes including wood-look tile throughout - no carpet! The chef's kitchen features handsome cabinetry, granite counters, stylish pendant lights & subway tile backsplash, stainless appliances & a 5 burner gas cooktop. Refrigerator included! The island with barstool seating is open to the great room & perfect for interacting with family while you cook or for entertaining friends. The desirable split floor plan makes the primary suite a true retreat! You'll love the spacious room with great views - plus automated shades on windows & door to your private balcony. Spa-like primary bathroom with separate soak tub & shower, dual sinks, & private toilet room. Two closets - one inside the bedroom & a large walk-in closet off the bathroom. Wonderful second bedroom with the secondary full bathroom right across the hall. The full size stackable washer/dryer in condo are included! Brand new A/C ($12K!) just installed in 11/2024. Completely move-in ready. Stunning views from every room! Tour this condo today & you will want to call it home!
Highlights
Home typeCondominium
HeatingOther, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Other
Size1,495 sqft
Lot size0.03 Acres
Year built2006
ParkingGated, Separate Strge Area, Assigned, Community Structure, Electric Vehicle Charging Station(s)
MLS #6899308
Garage2 spaces
FireplaceFamily Room, Gas
ViewMountain(s)
Summary
- Flooring Type: Tile
- Interior: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Elevator, No Interior Steps, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
- Fireplace: Family Room, Gas
- Total Bedroom Count: 2
- Garage Space: 2 spaces
- Private Pool: No
- Parking: Gated, Separate Strge Area, Assigned, Community Structure, Electric Vehicle Charging Station(s)
- View: Mountain(s)
- Exterior: Balcony
- Heating: Other, Electric
- Cooling: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Other
- List Price: $750,000
- Price/SqFt: $501
- HOA Amount: $1355 Monthly
- Annual Tax Amount: $3,511
- Tax Year: 2024
- Directions: East on Rio Salado Pkwy. North on Hayden Ferry Lakeside. Turn right at roundabout & the Edgewater is on your left. Drive past it to the end (second entry to underground parking) & guest parking is down there. Follow directions to gain access.
- Year Built: 2006
- Stories: 8
- Living Area: 1,495 SqFt
- Lot Size: 0.03 Acres
- MLS Number: 6899308
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: HomeSmart
- Office Email: rlarue@hsmove.com
- Listing Agent: Kellie Parten, Vicki Best
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/3/2025, 2:46:09 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 04, 2020 | Home Sold | $433,000 |
| May 08, 2014 | Home Sold | $405,000 |
| Jul 02, 2007 | Home Sold | $680,000 |
| Jun 27, 2006 | Home Sold | $607,145 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $47,270 | $3,511 |
| 2023 | $39,230 | $3,367 |
History based on county public records data.
Nearby schools
3
Scales Technology Academy
Public District KG-5
1.1 mi
•1115 W 5th St
6
Broadmor Elementary School
Public District KG-5
1.9 mi
•311 E Aepli Dr
2
Holdeman Elementary School
Public District KG-5
2.0 mi
•1326 W 18th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $87,500. Most Tempe, AZ residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
24%
<35k
32%
35k-100k
31%
100k-200k
13%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
66%
Single, No Kids
4%
Single, with Kids
24%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
0%
<11 yrs old
1%
12-17 yrs old
96%
18-34 yrs old
3%
35-64 yrs old
0%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Soccer
Skiing/snowboarding
Where do the neighbors shop?
H&M
The Container Store
Nordstrom
Where do the neighbors go to eat?
Boston Market
Starbucks
California Pizza Kitchen
What do the neighbors drive?
Honda
BMW
Audi
What do the neighbors listen to?
Rhythmic Contemporary Hits- Alternative
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
About 120 E Rio Salado Pkwy Unit 402
The listing price of 120 E Rio Salado Pkwy Unit 402 property is $750,000.
The property 120 E Rio Salado Pkwy Unit 402 is a condo located in Tempe, Arizona, 85281.
Active Listing: 120 E Rio Salado Pkwy Unit 402 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 120 E Rio Salado Pkwy Unit 402 are: Scales Technology Academy (GreatSchools Rating 3/10), Broadmor Elementary School (GreatSchools Rating 6/10), Holdeman Elementary School (GreatSchools Rating 2/10), Laird Elementary School (GreatSchools Rating 3/10), Gililland Middle School (GreatSchools Rating 2/10), Tonalea K - 8 School (GreatSchools Rating 3/10), Ombudsman - Charter Northeast (GreatSchools Rating 2/10), Asu Preparatory Academy Digital (GreatSchools Rating 5/10), Student Choice High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $3,511 (source: MLS/based on county public records data).
The last sale was on August 4, 2020 for $433,000 (source: MLS/tax record).
The property at 120 E Rio Salado Pkwy Unit 402 has 2 bedrooms and 2 bathrooms.
The property 120 E Rio Salado Pkwy Unit 402 is 1,495 SqFt (source: MLS/tax record).
The year of construction for 120 E Rio Salado Pkwy Unit 402 is 2006.
This home is located at 120 E Rio Salado Pkwy Unit 402 in Tempe, AZ and zip code 85281 in the Downtown Tempe neighborhood. This 1,495 square foot home, which was built in 2006, sits on a 0.03 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 31, 2025 and is currently priced at $750,000.
In July 2025, from all listings sold in Tempe, AZ there were more than 10 sold above asking price, over 77 sold below and more than 31 were sold right at the asked price. In July 2025 in Tempe, AZ there were 0.5% less homes for sale than in June. While the average time on the market in July 2025 was 63 days, the median list price was $480,000.
From Rocket Homes Real Estate and based on county public records data.